Saudi Aramco board sees too many risks for New York IPO

Saudi Aramco board sees too many risks for New York IPO
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02.09.2019

MOSCOW (MRC) -- The board of Saudi Aramco has determined that listing the state energy giant in New York would carry too many legal risks to make it a realistic option, five sources said, although they said a final decision lay with Saudi Arabia's crown prince, reported Reuters.New York was the exchange favored by Crown Prince Mohammed bin Salman before plans for the initial public offer

Full article at mrcplast.com

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